Hubbell Declares Regular Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Hubbell declared a quarterly dividend of $1.05 per share on common stock, payable on September 15, 2022, to shareholders of record by August 31, 2022. In 2021, Hubbell generated revenues of $4.2 billion and is recognized as a leading manufacturer of utility and electrical solutions. With a global presence and headquarters in Shelton, CT, the company emphasizes the reliability and efficiency of critical infrastructure operations.

Positive

• Quarterly dividend of $1.05 per share supports shareholder income.
• 2021 revenues of $4.2 billion indicate strong financial performance.

Negative

• None.

Shelton, CT, July 21, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE: HUBB) today declared a regular quarterly dividend of $1.05 per share on the Company's common stock. The dividend will be paid on September 15, 2022 to shareholders of record on August 31, 2022.

Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently. With 2021 revenues of $4.2 billion, Hubbell Incorporated operates manufacturing facilities in the United States and around the world.  The corporate headquarters is located in Shelton, CT.

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Contact:     Dan Innamorato
                   Hubbell Incorporated
                   40 Waterview Drive
                   P.O Box 1000
                   Shelton, CT 06484
                   (475) 882-4000

FAQ

What is the dividend amount declared by Hubbell?

The dividend amount declared by Hubbell is $1.05 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on September 15, 2022.

What is the record date for Hubbell's dividend payment?

The record date for the dividend payment is August 31, 2022.

How much revenue did Hubbell generate in 2021?

Hubbell generated revenues of $4.2 billion in 2021.